Managing Your Financial Future

Which Assets Belong in Each Bucket? – Episode 193
Managing Your Financial Future

Which Assets Belong in Each Bucket? – Episode 193

October 22, 2024

The Bucket Strategy® is both simple and complex. It’s simple in the sense that there’s a short-term, midterm, and long-term bucket, and maybe a couple of others, depending on your needs. The complexity begins when you need to determine which assets should go into which buckets. There are many things to consider: time frame, taxability, income needs, and available assets, to name a few. How do you determine what to put into each bucket? We’ll tackle that question today.
Is It Really Better to Own More Stocks in Retirement? – Episode 192
Investing and Personal Finance

Is It Really Better to Own More Stocks in Retirement? – Episode 192

October 15, 2024

If stocks are inherently risky, and if you’re retired and you’re risk-averse, doesn’t it make sense to lessen your exposure to the stock market as you get older?  That’s the logic behind certain “rules of thumb” that say the older you are, the less money you should have in stocks. But that logic is faulty.  It assumes that everyone’s situation is the same, and, even worse, that people should be selling stocks in order to fund their short-term income needs.  It’s time to revisit this idea. Could it actually be better to own more stocks in retirement?